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INDIA GAS LEVY
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...- US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
- JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, say sourcesUS banks like JPMorgan are nearing financing agreements for Japan's investment pledge. Japanese banks face high costs for dollar funding, l...
- Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
- India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
- US-Iran war: Trump drops 20% toll plan on Hormuz, seeks Gulf investment deals insteadUS President Trump announced Gulf nations will invest in the United States. This replaces a proposed fee for shipping through the Strait of...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
- Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
- Assam budget targets revenue leaks: Jayanta Malla BaruahAssam's finance minister presented the 2026-27 budget focusing on revenue generation and plugging leakages. Capital expenditure has increas...
- Top fashion brands have a supply chain battle against extreme India heatAs Indian garment factories contend with soaring temperatures, worker efficiency and health have been jeopardised. Epic Group's facility in...
- US Forced Labour Hearings: Trump's next tariff threat looms over 60 countries, including IndiaThe United States is considering new tariffs on sixty nations, including India, due to forced labor concerns. Hearings will begin to discus...
- Assam tea industry seeks Green Leaf Cess relief, hails ATISIS supportThe Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...
- Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
- As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other citiesFuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil vo...
- US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
- Asia's industrial supercycle is outpacing the West Asia oil shock: Chetan Ahya, Morgan StanleyA China-driven supply realignment, cutting gas imports by 45% and oil by 30%, has effectively added 7.5 million barrels daily to global mar...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
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